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The Group Chairman of Odu’a Investment Company Limited (OICL), Otunba Bimbo Ashiru, has expressed the company’s readiness to partner with the Ondo State Government for more business opportunities in real estate, tourism, hospitality, and agriculture.
Ashiru stated this during the visit of Odua’s board of directors to Governor Lucky Aiyedatiwa in Akure, the Ondo state capital, on Monday.
He implored the Aiyedatiwa to promote the real estate sector owned by Odu’a group in the state, and also appealed to citizens of the state to support and patronise Odua’s various businesses.
Ashiru, who said the move would further enhance the vision and mission of the founding fathers, commended Aiyedatiwa for his leadership style and the peace and harmony the state has witnessed.
Responding, the governor expressed gratitude for the group’s efforts in fostering prosperity over the years, emphasising the importance of top-notch packaging to attract global customers.
Aiyedatiwa specifically expressed interest in the agriculture sector, saying that agriculture used to be the country’s primary source of wealth before oil.
He extended his heartfelt appreciation to the board of Odu’a for its continuous efforts in sustaining the vision of Odu’a progenitors over the years.
“Your dedication and hard work have not gone unnoticed and are greatly appreciated,” the governor said.
On state patronage, Aiyedatiwa said a high standard is being maintained, adding that the importance of high-quality packaging is being put into consideration, and the state will be willing to patronise the conglomerate’s goods and services.
“By maintaining top-notch standards in this area, you can expand your reach and increase market share internationally while the state will also be willing to patronise your services,” he said.
The governor noted that agricultural business requires patience and time unlike some other sectors.
The returns on agricultural investments are not immediate. They depend on various factors, including seasons and growth cycles. Historically, before the discovery and exploitation of oil, agriculture was the main source of wealth for our country. It provided economic stability and food security,” he maintained.
Aiyedatiwa emphasised that revitalising and investing in agriculture is essential, as it remains a “vital sector with the potential to contribute significantly to our economy once again.”
Earlier the Group Chairman, Ashiru, had introduced Mr Abdulrahman Yinusa to the governor as the incoming Group Managing Director/CEO effective from June 2, 2024.
Yinusa takes over from Mr Adewale Raji who is retiring from the service of Odu’a on May 31, after serving meritoriously as GMD/CEO for 10 years.